Computed Reorganization Value (Tables)

9 Months Ended

Sep. 30, 2013

Computed Reorganization Value

Computed Reorganization Value

SMSA Gainesville Acquisition Corp’s reorganization value computed immediately before the confirmation date of the Plan as approximately $1,000, which consisted of the following:

Current assets to be transferred to the post-confirmation entity	$	1,000
Fair market value of property and equipment		-
Deposits with vendors and other assets transferred
to the post-confirmation entity		-
Reorganization value	$	1,000